12Power of trustee to retain investments

12 Power of trustee to retain investments A trustee is not liable for breach of trust by reason only of retaining an investment that has ceased to be— (a) an investment authorised by the instrument creating the trust; or (b) an investment properly made by the trustee exercising a power of investment; or (c) an investment made under this Act or a corresponding previous enactment; or (d) an investment authorised by any other Act or the general law. S. 12A substituted by No. 104/1995 s. 4.